ONGC to Reserve Half of Mangaluru Oil Storage Facility for Strategic Reserves: MoS Petroleum

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Government

3 August 2026 at 11:42 pm

ONGC to Reserve Half of Mangaluru Oil Storage Facility for Strategic Reserves: MoS Petroleum

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Summary

Minister of State for Petroleum Suresh Gopi announced that ONGC will reserve half of its oil storage facility in Mangaluru for India's strategic crude oil reserves, which currently cover 74 days of net import requirements.

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